Seaport Res Ptn Boosts Earnings Estimates for Foot Locker

Foot Locker, Inc. (NYSE:FL) – Stock analysts at Seaport Res Ptn upped their FY2025 earnings per share (EPS) estimates for shares of Foot Locker in a report released on Wednesday, February 26th. Seaport Res Ptn analyst M. Kummetz now anticipates that the athletic footwear retailer will post earnings of $1.27 per share for the year, up from their previous estimate of $1.25. The consensus estimate for Foot Locker’s current full-year earnings is $1.23 per share. Seaport Res Ptn also issued estimates for Foot Locker’s Q4 2025 earnings at $0.77 EPS.

Foot Locker (NYSE:FL) last announced its quarterly earnings data on Wednesday, December 4th. The athletic footwear retailer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.07). The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $2.01 billion. Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. The business’s revenue was down 1.4% compared to the same quarter last year. During the same period last year, the company earned $0.30 EPS.

FL has been the topic of several other research reports. Guggenheim cut their price objective on Foot Locker from $34.00 to $28.00 and set a “buy” rating on the stock in a research report on Thursday, December 5th. Morgan Stanley cut their price objective on Foot Locker from $17.00 to $16.00 and set an “underweight” rating on the stock in a research report on Friday, December 6th. Barclays cut their price objective on Foot Locker from $34.00 to $29.00 and set an “overweight” rating on the stock in a research report on Friday, December 6th. Evercore ISI cut their price target on Foot Locker from $30.00 to $22.00 and set an “outperform” rating on the stock in a research note on Monday. Finally, Piper Sandler cut their price target on Foot Locker from $30.00 to $28.00 and set a “neutral” rating on the stock in a research note on Monday, December 2nd. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $24.35.

Foot Locker Stock Performance

Shares of Foot Locker stock opened at $17.84 on Monday. The stock’s fifty day moving average is $20.07 and its two-hundred day moving average is $23.48. The company has a market capitalization of $1.69 billion, a PE ratio of -3.96, a price-to-earnings-growth ratio of 0.53 and a beta of 1.48. The company has a quick ratio of 0.45, a current ratio of 1.67 and a debt-to-equity ratio of 0.15. Foot Locker has a 52 week low of $17.13 and a 52 week high of $34.71.

Institutional Investors Weigh In On Foot Locker

A number of institutional investors have recently added to or reduced their stakes in FL. Summit Investment Advisors Inc. boosted its holdings in Foot Locker by 6.9% in the fourth quarter. Summit Investment Advisors Inc. now owns 8,728 shares of the athletic footwear retailer’s stock worth $190,000 after acquiring an additional 562 shares in the last quarter. Harbour Investments Inc. boosted its holdings in Foot Locker by 81.6% in the fourth quarter. Harbour Investments Inc. now owns 1,442 shares of the athletic footwear retailer’s stock worth $31,000 after acquiring an additional 648 shares in the last quarter. Chartwell Investment Partners LLC boosted its holdings in Foot Locker by 2.4% in the third quarter. Chartwell Investment Partners LLC now owns 33,685 shares of the athletic footwear retailer’s stock worth $870,000 after acquiring an additional 782 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. boosted its holdings in Foot Locker by 32.5% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,267 shares of the athletic footwear retailer’s stock worth $84,000 after acquiring an additional 801 shares in the last quarter. Finally, Foundry Partners LLC boosted its holdings in Foot Locker by 8.8% in the fourth quarter. Foundry Partners LLC now owns 12,784 shares of the athletic footwear retailer’s stock worth $278,000 after acquiring an additional 1,031 shares in the last quarter.

About Foot Locker

Foot Locker, Inc, through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East. Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer.